News

Policy - A new legislative proposal in the United States seeks to amend the Currency Transaction Report (CTR) filing threshold. The bill proposes an increase from $10,000 to $30,000, potentially reducing the volume of reports financial institutions are required to file. This change aims to streamline compliance processes and focus resources on more significant transactions. - South Africa, Nigeria, Mozambique, and Burkina Faso have been removed from the Financial Action Task

Policy - The US Treasury has announced a significant overhaul of its Suspicious Activity Reports (SARs) framework, aiming to alleviate the reporting burden on Anti-Financial Crime (AFC) teams by adjusting reporting thresholds. This change is expected to streamline compliance processes and enhance financial crime detection and reporting efficiency. - In Canada, plans are underway to establish a new Financial Crimes Agency to bolster the country's capacity to combat financial c

Policy - The US Treasury has announced a significant overhaul of its Suspicious Activity Reports (SARs) system, aiming to reduce the...

Policy - The European Central Bank has awarded a €237 million contract to Feedzai and PwC for fraud detection services related to the...

Weekly Roundup - 30 September 2025 Policy - Europol is actively engaging with the anti-financial crime community, as evidenced by the...

Policy - There are no significant policy updates this week. However, compliance professionals should remain vigilant for any forthcoming...

Weekly Roundup - 05 September 2025 Policy - The UK government has released a progress report on the Economic Crime Plan 2, detailing...

Policy - The National Crime Agency (NCA) has issued a statement regarding its ongoing commitment to tackling child sexual abuse,...

Policy - There are no significant policy updates to report this week. Enforcement - The National Crime Agency (NCA) reports significant...

Policy - No significant policy updates were noted this week in the financial crime and AML landscape. - The GENIUS Act, recently signed...